{
  "url": "https://openlegislation.uk/eu-regulation-2017-72/article-4",
  "json_url": "https://openlegislation.uk/eu-regulation-2017-72/article-4.json",
  "legislation": "eur/2017/72",
  "legislation_title": "Commission Delegated Regulation (EU) 2017/72 of 23 September 2016 supplementing Regulation (EU) No 575/2013 of the European Parliament and of the Council with regard to regulatory technical standards specifying conditions for data waiver permissions (Text with EEA relevance)",
  "legislation_url": "https://openlegislation.uk/eu-regulation-2017-72",
  "path": "article/4",
  "kind": "article",
  "number": "4",
  "heading": "Qualitative conditions",
  "text": "Competent authorities may only grant the data waiver permission to an institution that provides well-documented evidence that all the following conditions are met in respect of every type of exposure:\n(a) longer time series data are unavailable or unsuitable due to lack of accuracy, completeness or appropriateness;\n(b) an appropriate margin of conservatism is applied, in accordance with point (a) of Article 179(1) of Regulation (EU) No 575/2013 to adequately compensate for the expected range of estimation errors arising from the use of shorter historic data series;\n(c) the data input vetting process referred to in point (b) of Article 174 of Regulation (EU) No 575/2013 is enhanced for the shorter time series.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eur/2017/72/article/4",
    "retrieved_at": "2026-11-01T14:45:15.202449+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}